NOT LISTED FOR SALE

5400 Iris St Arvada, CO 80002

Arvada Plaza Area Neighborhood

Estimated Value: $457,000 - $583,000

2 Beds
1 Bath
1,884 Sq Ft
$271/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $252,000 $134 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,883/month

3 Days on Market

Highlights

  • City View
  • Wooded Lot
  • No HOA
  • Open Floorplan
  • Wood Flooring
  • Cottage

About This Home

As of October 2016

VINTAGE 50s HOME in up-and-coming neighborhood has been lovingly owned by the same family for 60 Years. Original hardwood floors and handcrafted plaster walls, amazing living room ceiling, newer roof, windows, tile and furnace. The basement has reinforced walls, and is ready for expansion. The treed property, the lush green yard are waiting for the perfect buyer. The home needs some work to finish and bring it back to its original splendor. Charming, cozy and centrally located near light rail.

Last Agent to Sell the Property

Mary Taylor

Equity Colorado-Front Range Listed on: 08/26/2016

Equity Colorado-Front Range

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,474

Year Built

  • Built in 1954

Lot Details

  • 7,841 Sq Ft Lot
  • West Facing Home
  • Chain Link Fence
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Driveway Level

Home Design

  • Cottage
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • City Views
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Schools

  • Arvada K-8 Middle School
  • Arvada High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Additional Features

  • Accessible Approach with Ramp
  • Patio

Community Details

  • No Home Owners Association
  • Independence Subdivision

Listing and Financial Details

  • Assessor Parcel Number 006273

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,474

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1954
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: No
  • Lot Size Acres: 0.18
  • Road Surface Type: Paved
  • Subdivision Name: Independence
  • Directions: From Independence & Ridge Rd - West on ridge Rd 1 block to Iris. North. House in middle of block on east side of the street.
  • Architectural Style: Cottage/Bung, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1884
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator, Microwave
  • Accessibility Features: Accessible Approach with Ramp, Level Lot, Level Drive, Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Window Features: Window Coverings, Double Pane Windows
  • IRESDS_HasFamilyRoom: No
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom2 Features: Carpet
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Tile Floor
  • Living Room Features: Wood Floor
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Chain Link
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Wooded, Level
  • View: City
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • IRESDS_GarageType: Attached

Utilities

  • Cooling: Evaporative Cooling
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Arvada
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: OTHER
  • HighSchool: Arvada
  • Junior High Dist: Jefferson Dist R-1
  • Middle Or Junior School: Arvada K-8

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 7841
  • Parcel #: 006273
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1474

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Sep 29, 2016
Sold by
Barry Gail M
Bought by
Cummings David Michael and Morrison Mackenzie Jean
Seller's Agent
Mary Taylor
Equity Colorado-Front Range
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$240,000
Sold Price
$252,000
Premium/Discount to List
$12,000
5%
Current Estimated Value
$510,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,585
Avg. Annual Appreciation
7.86%
Original Mortgage
$247,435
Outstanding Balance
$197,033
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$313,552

Purchase Details

Closed on
Feb 10, 2011
Sold by
Barry Gail M
Bought by
Barry Gail M

Purchase Details

Closed on
Nov 18, 2008
Sold by
Barry Matzick Lois Amy
Bought by
Barry John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2008
Sold by
Barry Matzick Lois Amy
Bought by
Barry Matzick Lois Amy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cummings David Michael $252,000 Fidelity National Title
Barry Gail M -- None Available
Barry John D $157,500 Security Title
Barry Matzick Lois Amy -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cummings David Michael $247,435
Previous Owner Barry John D $125,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2019 01/28/19 Off Market $252,000 -- --
10/03/2016 10/03/16 Sold $252,000 +5.0% $134 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $240,000 -- $127 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,742 $28,264 $18,546 $9,718
2023 $2,742 $28,264 $18,546 $9,718
2022 $2,421 $24,721 $11,089 $13,632
2021 $2,461 $25,432 $11,408 $14,024
2020 $2,291 $23,741 $10,694 $13,047
2019 $2,260 $23,741 $10,694 $13,047
2018 $1,802 $18,405 $5,992 $12,413
2017 $1,650 $18,405 $5,992 $12,413
2016 $1,457 $15,314 $5,539 $9,775
2015 $1,474 $15,314 $5,539 $9,775
2014 $1,298 $12,824 $4,872 $7,952
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mary Taylor

    Equity Colorado-Front Range

    Section Image

  • N

    Buyer's Agent in 2016

    Non-IRES Agent

    CO_IRES

See All Agents

Map

Source: IRES MLS

MLS Number: IRE801232

IRES MLS

APN: 39-152-12-007

Colorado Jefferson County Arvada 80002 Arvada Plaza Area

5400 Iris St, Arvada, CO

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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